The urge to spend hits and then, POW, the purchase is made. Stop the spending urge before it starts with these 5 tips...
Top 5 tips to control impulsive spending and shopping
1. Put a "pause" between you and the purchase
Call a friend, step out of the store, stand up from the desk and take a walk around the block. Even better, take a look at a list of reasons WHY you want you get out of debt in the first place.
Do anything you need to do to separate yourself from the purchase. Another way to do this is to give yourself a mandatory waiting period before you buy anything. It could be 1 hour, 2 days, a month or 3 months. Whatever you choose to do, infuse some distance. This is a great way to diffuse the urge and impulse to spend.
2. Unsubscribe from brick-and-mortar and online shop emails
These spammy emails are full of bright colors, tempting tag-lines, and most of all the claim to a good deal. Remove the temptation and urge to online shop out of boredom.
3. Stay out of the stores
If you hang out in stores it's easier to justify purchases. "It's on sale!", "But it's so cute!", "Oh! I haven't seen one in THIS color yet!", "Girl, you look GOOD!". All trouble.Remember, if you hang out in a barbershop you're going to get a haircut.
4. Stay busy to fight "boredom shopping"
Lots of times I find myself browsing online shops simply because I'm bored. I'll be working on something, think about some random thing I wanted to check out online (for research or reference or something else totally harmless) and then, before you know it there I am on a site seeing what's new for the season and what's on sale. Trouble. Trouble. Trouble.
For me, I've got to constantly keep myself on task so I don't get distracted into shopping/browsing territory because then I'm up in #3, but the virtual version.
If you find yourself going to the mall on the weekends (we used to do this ALL the time in my pre-spending fast days) then take up some other activities that don't cost money. (There are some fun ideas in this list called 25 New Things To Try Today.)
5. Think about how much time it will take to return the stuff you bought
I have THE WORST buyer's remorse. I'll convince myself I love something and need it and then before you know it, I hate it and I'm regretting the purchase. Worst of all, is all the time it takes to return the stuff. I try to think about that when I'm in a "buying mood".
For me, abstinence with shopping is the best way to go.
How to do fight impulsive spending and shopping? What do you do when the urge to spend hits?